Sentences with phrase «budgets this year face»

Not exact matches

Gov. Lincoln Chafee has said the state, which is facing a $ 117 million budget shortfall next fiscal year, can't rely on those lottery winnings — and, of course, no state can.
Samuels said that while the state has among the largest budget reserves of any state, at a projected $ 10.4 billion by the middle of next year, continued low oil prices mean legislators will face some tough decisions when they return to Austin in January.
If current laws remained generally unchanged, the United States would face steadily increasing federal budget deficits and debt over the next 30 years — reaching the highest level of debt relative to GDP ever experienced in this country.
Chula Vista faced a $ 400,000 deficit this fiscal year, but a $ 1.6 million Federal Emergency Management Agency reimbursement from the January 2017 storm helped them balance the budget.
The FY 2017 budget resolution demanded only a paltry $ 2 billion of deficit reduction over an entire decade; that's just $ 200 million per year when we are facing looming trillion - dollar deficits.
The Spanish club are currently suffering a financial crisis after revealing that they are almost # 15million in debt, and facing years of budget cuts after gambles by the club's owners.
Mr Roberto Martinez possesses all these credentials in abundance and is very good at producing good attractive football even on a low budget, could you remember Swansea a few years back, their possession style football originated form him, he also moulded Wigan as one of the most scariest team to face in the Premier league a few year back all this operating on a low budget.
And, having now worked closely with Houston ISD's Food Services department for the last four years, I feel only sympathy for school districts trying to balance their budgets while meeting the HHFKA's healthier school food mandates, all in the face of insufficient funding and negative student reactions to the food.
Despite severe cost cutting, scores of layoffs and wholesale restructuring last year, Chicago Public Schools faces a budget deficit estimated at $ 600 million to $ 700 million in 2013, with the cost of a longer school day still unknown, officials said.
The strike reflects the dire state of school finances in Illinois, where an estimated 8 of 10 school districts face budget deficits this year.
Through my membership on the HISD Food Services Parent Advisory Committee, I've gotten to know some of these men and women over the last year and a half, and I recognize the significant hurdles they face in trying to feed over 200,000 kids a day, many from impoverished backgrounds, on a limited budget and under strict governmental regulations.
Underlying borrowing has effectively increased by # 36 billion by 2017/18, while without spending on investment the Treasury now faces a budget deficit of 1.6 % by the same year.
The budget for the Department of Communities and Local Government is set to face severe spending constraints over the coming years.
In Europe, for example, we are faced with low defence budgets as a result of the financial crisis and years of underinvestment.
[7] This occurs because MPs can overspend on the budget but then face a reduction in the following year.
Two reports issued in recent days indicate that Gov. Andrew Cuomo may be facing his most difficult budget in seven years.
First, there were years of late budgets, and more recently, corruption scandals that led to the two former legislative leaders facing prison time.
«We are facing a tough budget this year — we expected this, which is why my colleagues and I went to Albany to push for more funds earlier this year.
Both Cuomo and DiNapoli said the state also is facing a $ 4 billion budget gap next year.
New York State Senators and Assemblymembers are facing reelection this year and have not received a paycheck since they missed the April 1 budget deadline.
Shelley Mayer (D - Yonkers), who is facing a special election this year for a Senate seat, said Kaminsky's bill is similar to measure supported by Gov. Andrew M. Cuomo in his budget.
With the state facing its grimmest budget outlook in years, the legislative session shows signs of becoming a tug - of - war between public schools and health care — the two biggest recipients of state spending and, not coincidentally, the two heaviest - hitting lobbying forces Albany.
«I firmly believe that continued hiring as our city is facing this budget shortfall, before we even have a budget plan for the coming fiscal year, is not in the best interests of the City and our taxpayers.
Cuomo begins his eighth year in office facing the largest budget deficit since 2011.
In reality, prior to the new spending, New York State faced out - year budget gaps that grow from $ 2.0 billion next year to $ 4.2 billion in fiscal year 2018 - 2019.4
A one - year 2.9 % as opposed to 5.9 % budget increase, though important in face of budget cuts at home, is pocket change in comparison to what Cameron could have achieved with the leverage that suddenly was handed him.»
This report acknowledges that the transport budget is likely to face some substantial cuts in the next few years with one projection of # 29billion cuts over the next ten years.
As illustrated in the Executive Budget financial plan, the state will be facing significant budget gaps in each of the next three years, and a new payroll tax on employers will be a tempting target for future administrations and Legislatures looking for increased revenues, but reluctant to impose new or higher taxes directly on indiviBudget financial plan, the state will be facing significant budget gaps in each of the next three years, and a new payroll tax on employers will be a tempting target for future administrations and Legislatures looking for increased revenues, but reluctant to impose new or higher taxes directly on indivibudget gaps in each of the next three years, and a new payroll tax on employers will be a tempting target for future administrations and Legislatures looking for increased revenues, but reluctant to impose new or higher taxes directly on individuals.
«Greene Central School was faced with approximately $ 900,000 in initial budget shortfall, for the 2018 - 2019 school year.
Nassau has faced persistent budget deficits, and in recent years has been hit by ethics scandals even beyond Mangano's.
Calls for altering the cap are back again this year as school districts face the prospect of setting budgets that allow for less than a 1 percent increase in the levy, or the amount collected in taxes.
New York, obviously, faces a different situation today as the faltering economy has led to a $ 3.5 billion hole in the state budget for the coming 2012 - 13 fiscal year, which begins April 1.
As chief counsel, Kiernan becomes a top adviser to Paterson and one of the most powerful figures in the executive chamber, which faces an unprecedented budget deficit this year and has seen an unusually high amount of turmoil in recent months.
The next mayor is facing a daunting multibillion - dollar bill for retroactive pay hikes because the entire city - labor force has been working for more than two years under expired contracts, the Independent Budget Office warned yesterday.
Major issues in the 2013 legislative session included addressing education, energy, domestic violence, jobs, strengthening the state's economy, and a new two - year budget that's facing a $ 128 million deficit.
But the debt - laden transit authority will still need to find additional revenue sources, or cut costs, to alleviate operating budget gaps it's facing in years to come, according to S&P.
Bloomberg said the city will face another budget deficit next year and residents should expect to see city agencies pared down.
Eight years after facing a financial deficit that required issuing bonds totaling $ 22 million to balance its budget, East Hampton Town has achieved Moody's Investors Service's highest bond rating
«(T) he governor's anger at Mr. Trump and Republicans in Washington animated what is normally a dry presentation; it also gave him a political boogeyman to blame for budget woes — which should be useful in a year where he faces re-election.»
Former Assembly Speaker Sheldon Silver, a veteran of late budgets himself, is watching the process unfold as a rank - and - file lawmaker this year as he faces corruption charges.
The Liberal Democrat energy and climate change secretary faces opposition after the independent Committee on Climate Change (CCC) published its report on carbon budgets for the years 2023 to 2027 yesterday.
The state faces an estimated $ 4.5 billion deficit that must be closed in a budget expected to pass by March 31, the final day of the state's fiscal year.
Current projections show the state on average faces potential budget deficits of less than $ 5 billion annually over the next three fiscal years starting in 2017 - 18, which begins April 1.
The group's Brian Sampson say he believes chances are good for passage this year - and he says the money for the nearly $ 750,000 plan is there, even with the state facing another budget deficit.
The state is still facing a projected $ 1.5 billion budget shortfall for the next fiscal year that ends on June 30, 2018.
The Prime Minister had faced criticism for failing to fulfil his ambition to freeze or cut this year's budget.
In February, when he presented his $ 88.67 billion preliminary budget for fiscal year 2019, de Blasio anticipated the city could face more than $ 750 million in cuts from Albany.
In rolling out his $ 84.68 billion second - draft budget proposal for the coming fiscal year, the mayor acceded to requests from City Council Speaker Melissa Mark - Viverito that the city set aside money to help foreign nationals faced with arrest and expulsion under President Donald Trump's aggressive enforcement agenda.
Gov. Cuomo and lawmakers will have to close at least a $ 1.7 billion shortfall to balance next year's state budget as they faces re-election, according to a financial report released...
What he is staring in the face is estimated $ 40 million budget gap for next year — the difference between anticipated revenues and generally understood expenses — and a lean piggy bank (the fund balance) to tap.
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